It's funny you picture Steve Jobs here since he's never been the most forefront guy when it comes to mobile video. At least Apple fanatics cannot say that Jobs invented mobile video
From a WSJ article
dated June 14, 2004:
What about portable video?
Jobs: We don't see a market for people that want to watch video on these portable devices. What's happening is to build in video, some companies are making [these devices] twice as heavy as an iPod and twice the size of an iPod, so they don't fit in your pocket, and twice as expensive as an iPod.